Costs of raw material for drugs rise by up to 140%

API prices of certain drugs like fever and pain relief drug paracetamol and life-saving antibiotic Meropenem (also used for Covid), and anti-diabetic metformin, have more than doubled to as high as 139%, 127% and 124% respectively, putting the spotlight back on India ’s near total-dependence on the Dragon.
Source: The Economic Times Healthcare and Biotech News - Category: Pharmaceuticals Source Type: news